Levi Strauss price target lowered to $16 from $18 at BofA
The Fly

Levi Strauss price target lowered to $16 from $18 at BofA

BofA analyst Christopher Nardone lowered the firm’s price target on Levi Strauss to $16 from $18 and keeps a Neutral rating on the shares. Strong underlying brand momentum evident in the company’s DTC results is offset by a lack of visibility on a second half improvement, the analyst tells investors in a post-earnings research note.

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